Common use of Stock Certificates; Fractional Shares Clause in Contracts

Stock Certificates; Fractional Shares. As soon as practicable on or after any date of exercise of this Warrant pursuant to this Section 2, the Company shall issue and deliver to the Person or Persons entitled to receive the same a certificate or certificates for the number of whole shares of Warrant Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current Fair Market Value of one whole share of Warrant Stock as of the date of exercise of this Warrant. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 11 contracts

Samples: Consulting Agreement (Ideal Restaurant Group, Inc.), Consulting Agreement (SMTP, Inc.), Warrant (Plastinum Polymer Technologies Corp.)

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Stock Certificates; Fractional Shares. As soon as practicable on or after any the date of any exercise of this Warrant pursuant to this Section 2Warrant, the Company shall issue and deliver to the Person person or Persons persons entitled to receive the same a certificate or certificates for the number of whole shares of Warrant Common Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current Fair Market Value of one whole share of Warrant Common Stock as of the such date of exercise of this Warrantexercise. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 10 contracts

Samples: Lead Broker Engagement Agreement (Motos America, Inc.), Warrant Agreement (China Shenghuo Pharmaceutical Holdings Inc), Consulting Agreement (Vital Living Inc)

Stock Certificates; Fractional Shares. As soon as practicable on or after any the date of any exercise of this Warrant pursuant to this Section 2Warrant, the Company shall issue and deliver to the Person person or Persons persons entitled to receive the same a certificate or certificates for the number of whole shares of Warrant Common Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current Fair Market Value fair market value of one whole share of Warrant Common Stock as of the such date of exercise of this Warrantas determined by the Company. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 5 contracts

Samples: Warrant to Purchase Common Stock (Arista Power, Inc.), Warrant to Purchase Common Stock (Arista Power, Inc.), Warrant Agreement (Imperial Holdings, LLC)

Stock Certificates; Fractional Shares. As soon as practicable on or ------------------------------------- after any the date of exercise of this Warrant pursuant to this Section 2is exercised, the Company shall issue and deliver to the Person or Persons entitled to receive the same Holder a certificate or certificates for the number of whole shares of Warrant Stock Shares issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current then Fair Market Value of one whole share of Warrant Common Stock as of the date of exercise of this Warrant. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 2 contracts

Samples: Warrant Agreement (Kana Software Inc), Warrant Agreement (Kana Software Inc)

Stock Certificates; Fractional Shares. As soon as practicable on or after any date of exercise of this Warrant pursuant to this Section 2, the Company shall issue and deliver to the Person or Persons entitled to receive the same Holder a certificate or certificates for the number of whole shares of Warrant Stock Shares issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current Fair Market Value of one whole share of Warrant Stock Shares as of the date of exercise of this Warrant. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 2 contracts

Samples: Securities Purchase Agreement (NTN Buzztime Inc), Warrant Agreement (NTN Buzztime Inc)

Stock Certificates; Fractional Shares. As soon as practicable on or after any the date of exercise of this Warrant pursuant to this under Section 22(a), 2(b) or 2(c) above, as applicable, such date, the Company shall issue and deliver to the Person person or Persons persons entitled to receive the same a certificate or certificates for the number of whole shares of Warrant Stock Shares issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current Fair Market Value of one whole share of Warrant Stock Share as of the date of exercise of this Warrant. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 2 contracts

Samples: Warrant Agreement (Luna Innovations Inc), Warrant Agreement (Luna Innovations Inc)

Stock Certificates; Fractional Shares. As soon as practicable on or after any date of exercise of this Warrant pursuant to this Section 2, the Company shall issue and deliver to the Person or Persons entitled to receive the same a certificate or certificates for the number of whole shares of Warrant Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current Fair Market Value fair market value of one whole share of Warrant Stock as of the date of exercise of this Warrant. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 2 contracts

Samples: Warrant to Purchase Common Stock (Plastinum Corp), Warrant to Purchase Common Stock (New Generation Holdings Inc)

Stock Certificates; Fractional Shares. As soon as practicable on or after any the date of an exercise of this Warrant pursuant to this Section 2Warrant, the Company shall issue and deliver to the Person person or Persons persons entitled to receive the same a certificate or certificates for the number of whole shares of Warrant Common Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current Fair Market Value of one whole share of Warrant Common Stock as of the date of exercise of this Warrant. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 2 contracts

Samples: Warrant Agreement (Broadvision Inc), Plan of Reorganization and Stock Exchange Agreement (Little Creek Inc)

Stock Certificates; Fractional Shares. As soon as practicable on or ------------------------------------- after any the date of exercise of this Warrant pursuant to this Section 2is exercised, the Company shall issue and deliver to the Person person or Persons persons entitled to receive the same a certificate or certificates for the number of whole shares of Warrant Common Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current Fair Market Value of one whole share of Warrant Common Stock as of the date of exercise of this Warrant. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 2 contracts

Samples: Warrant Agreement (Logicvision Inc), Warrant Agreement (Logicvision Inc)

Stock Certificates; Fractional Shares. As soon as practicable on ------------------------------------- or after any the date of exercise of this Warrant pursuant to this Section 2is exercised, the Company shall issue and deliver to the Person person or Persons persons entitled to receive the same a certificate or certificates for the number of whole shares of Warrant Common Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current Fair Market Value of one whole share of Warrant Common Stock as of the date of exercise of this Warrant. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 1 contract

Samples: Warrant Agreement (Viador Inc)

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Stock Certificates; Fractional Shares. As soon as practicable on or after any the date of exercise of this Warrant pursuant to this under Section 22.1, 2.2 or 2.3 above, as applicable, the Company shall issue and deliver to the Person person or Persons persons entitled to receive the same a certificate or certificates for the number of whole shares of Warrant Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current Fair Market Value of one whole share of Warrant Stock as of the date of exercise of this Warrant. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 1 contract

Samples: Warrant Agreement (Evans Systems Inc)

Stock Certificates; Fractional Shares. As soon as practicable on or ------------------ after any the date of an exercise of this Warrant pursuant to this Section 2Warrant, the Company shall issue and deliver to the Person person or Persons persons entitled to receive the same a certificate or certificates for the number of whole shares of Warrant Common Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current Fair Market Value of one whole share of Warrant Common Stock as of the date of exercise of this Warrant. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 1 contract

Samples: Warrant Agreement (GPN Network Inc)

Stock Certificates; Fractional Shares. As soon as practicable on or after any the date of exercise of this Warrant pursuant to this under Section 23.1, 3.2, 3.3 or 3.4 above, as applicable, the Company shall issue and deliver to the Person person or Persons persons entitled to receive the same a certificate or certificates for the number of whole shares of Warrant Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current Fair Market Value of one whole share of Warrant Stock as of the date of exercise of this Warrant. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 1 contract

Samples: Warrant Agreement (Casita Enterprises, Inc.)

Stock Certificates; Fractional Shares. As soon as practicable on or after any date of exercise of this Warrant pursuant to this Section 2, the Company shall issue and deliver to the Person or Persons entitled to receive the same Holder a certificate or certificates for the number of whole shares of Warrant Stock Shares issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current Fair Market Value of one whole share of Warrant Stock Shares as of the date of exercise of this Warrant. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 1 contract

Samples: Warrant (Mitek Systems Inc)

Stock Certificates; Fractional Shares. As soon as practicable on or after any date of exercise of this Warrant pursuant to this Section 2, the Company shall issue and deliver to the Person or Persons entitled to receive the same a certificate or certificates for the number of whole shares of Warrant Common Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current Fair Market Value of one whole share of Warrant Common Stock as of the date of exercise of this Warrant. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 1 contract

Samples: Asset Purchase Agreement (Accom Inc)

Stock Certificates; Fractional Shares. As soon as practicable on -------------------------------------- or after any the date of an exercise of this Warrant pursuant to this Section 2Warrant, the Company shall issue and deliver to the Person person or Persons persons entitled to receive the same a certificate or certificates for the number of whole shares of Warrant Common Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current Fair Market Value of one whole share of Warrant Common Stock as of the date of exercise of this Warrant. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 1 contract

Samples: Consulting Agreement (Alpha Virtual Inc/Ca/)

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